CEO Kevin Mayer resigns, CEO of corporate and private equity investors agree on deal if Microsoft bid falls behind Oracle, the technology giant led by Larry Ellison, has taken the leading position to acquire the Chinese social media app TikTok for a proposed $ 20 billion deal in cash and …
Read More »The stock market is close to correction levels
Scholarship Xinhua News Agency / Getty Images What if I told you that the fastest growing stock market in history is simply about a misunderstanding? You’ve probably seen headlines like these: Headline about stock market in media Dan Runkevicius Or this: Headline on shares in media Dan Runkevicius Doesn’t it …
Read More »Walmart joins Microsoft on TikTok bid
The TikTok app from ByteDance Ltd. will be shown in the App Store on a smartphone on a regular photo taken in Arlington, Virginia, on Monday, August 3, 2020. Andrew Harrer | Bloomberg | Getty Images Walmart said it is partnering with Microsoft in a bid for TikTok. The retail …
Read More »Lord & Taylor closes all its stores after 194 years in business
“While we still have several opportunities, we believe it is prudent to put the rest of the stores into liquidation at the same time to maximize the value of the inventory for the estate while pursuing options for the company’s brands,” “Ed Kremer, Lord & Taylor’s chief restructuring officer, said …
Read More »Wireless device produces clean fuel from sunlight, CO2 and water | News
The device is an important step towards achieving artificial photosynthesis – a process that neglects the ability of plants to convert sunlight into energy. It is based on advanced ‘photosheet’ technology and converts sunlight, carbon dioxide and water into oxygen and formic acid – a storable fuel that can be …
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